This week delivered a solid performance for the crypto economy, with several coins posting impressive double-digit gains over the past seven days. Leading the charge was sun token (SUN), which skyrocketed by 187%, claiming the top spot among the week’s best performers. However, it wasn’t all sunshine and roses, as Telegram founder and CEO Pavel […] Source: https://news.bitcoin.com/this-weeks-crypto-winners-and-losers-sun-skyrockets-while-ton-stumbles/
Month: August 2024
PayPal's PYUSD stablecoin hits $1B market cap
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT. Source: https://cointelegraph.com/news/paypal-pyusd-stablecoin-1-billion-market-cap?utm_source=rss_feed&utm_medium=rss%3F1724703812194&utm_campaign=rss_partner_inbound
Crypto Loyalty Points Market Revolutionized by Rumpel Labs
Rumpel Labs, a pioneering startup backed by venture capital heavyweights like Dragonfly and Variant, is set to redefine the crypto loyalty points market. The company, emerging from stealth mode, is building a robust infrastructure that allows for the tokenization and trading of loyalty points distributed by decentralized finance and Web3 projects. This new platform addresses the growing demand for a…
PayPal's PYUSD stablecoin hits $1B market cap
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT. Source: https://cointelegraph.com/news/paypal-pyusd-stablecoin-1-billion-market-cap?utm_source=rss_feed&utm_medium=rss%3F1724703503602&utm_campaign=rss_partner_inbound
AI Might Help You Avoid Getting Rekt on Coinbase the Next Time Bitcoin Crashes
Coinbase said on Monday that it has developed and deployed a machine learning model that predicts spikes in user traffic and automatically scales its resources, preventing downtime and increasing platform efficiency. The AI solution aims to deal with the problem of platform crashes during unpredictable traffic surges that have plagued the platform during volatile market conditions. “Starting to scale when…
Hong Kong Spot Bitcoin ETFs Hit Milestone
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have crossed a significant milestone, surpassing HKD$2 billion (approximately $256 million) in assets under management (AUM). This achievement highlights the growing interest in cryptocurrency investments within the region. Initial Performance and Comparisons Despite reaching this milestone, Hong Kong’s Bitcoin ETFs have had a slower start compared to their U.S. counterparts. Launched on April…
Cyberattacks target French government websites: Report
French authorities have come under fire from free speech activists and the crypto community after arresting Telegram founder Pavel Durov. Source: https://cointelegraph.com/news/cyberattacks-target-french-government-websites-report?utm_source=rss_feed&utm_medium=rss%3F1724702957552&utm_campaign=rss_partner_inbound
Cyberattacks target French government websites: Report
French authorities have come under fire from free speech activists and the crypto community after arresting Telegram founder Pavel Durov. Source: https://cointelegraph.com/news/cyberattacks-target-french-government-websites-report?utm_source=rss_feed&utm_medium=rss%3F1724702676950&utm_campaign=rss_partner_inbound
Trending Meme Coin Base Dawgz Tipped as Next Brett Raises $3 Million in Token Presale That Ends in 2 Days
Investors are taking notice as Base Dawgz (DAWGZ), a new meme coin on the Base chain, approaches the end of its presale. With only two days left, investors are rushing to take part – with many comparing DAWGZ to the ultra-successful Brett (BRETT) token. The Final Countdown – DAWGZ Presale Nears Its End The Base […] Source: https://news.bitcoin.com/trending-meme-coin-base-dawgz-tipped-as-next-brett-raises-3-million-in-token-presale-that-ends-in-2-days/
Bitcoin Hits $65,000 Amid Fed Speculation
Bitcoin briefly touched $65,000 for the first time in about three weeks, driven by renewed interest in US exchange-traded funds (ETFs) and expectations of a Federal Reserve rate cut. The cryptocurrency surged as much as 1.2% to $65,030 on Monday before retreating slightly to $63,780 as of 9:19 a.m. in New York. Last week, Bitcoin saw a notable 7.4% increase,…